The timeline shows the total value of U.S. trade in goods (export and import) with Canada from 2004 to 2024. In 2024, the total value of U.S. trade in goods with Canada amounted to *** billion U.S. dollars; composed of ***** billion U.S. dollars in exports and ***** billion U.S. dollars in imports.

Canada and United States bilateral trade in goods data produced by Statistics Canada and the United States Census Bureau (customs basis) and the United States Bureau of Economic Analysis (balance of payments basis). Data are presented before and after adjustments made to standardize definitions. Quarterly data are available on Customs and on Balance of payments basis and are not seasonally adjusted.

This timeline shows the total value of U.S. trade in goods (export and import) with Canada from ************ to ***********. In ***********, the total value of U.S. trade in goods with Canada amounted to approximately ***** billion U.S. dollars, which is composed of a ** billion U.S. dollars in exports and a ***** billion U.S. dollars in imports.

Canada Exports to United States was US$434.88 Billion during 2024, according to the United Nations COMTRADE database on international trade. Canada Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

This graph shows the growth in the U.S. export volume of trade goods to Canada from 1985 to 2024. In 2024, the U.S. exports to Canada amounted to approximately 349.36 billion U.S. dollars.

United States Exports to Canada was US$348.41 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Canada - data, historical chart and statistics - was last updated on June of 2025.

Annual data on Canadian international merchandise trade by province, trading partners and products on a customs basis. Trade data for 255 trading partners are included with an all country aggregate. Product data are presented using the North American Product Classification System at the section level.

Canadian International merchandise trade data grouped by North American Industry Classification System (NAICS) codes of the 2017 NAICS structure version 2. The detailed NAICS codes (all levels) are from Manufacturing industries (31-33), Agriculture, Forestry, Fishing and Hunting industries (11), Mining, Quarrying, and Oil and Gas Extraction industries (21), Utilities (22) and Wholesale Trade industries (41). Users have the option of selecting imports and exports, the country of origin and the country of destination. Data are monthly and on a customs basis.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Trade in goods by exporter characteristics data available by North American Industry Classification System (NAICS) industry codes at the establishment level. Users have the option of selecting information related to the value of exports and the number of exporting establishments in all provinces and territories in Canada.

International merchandise trade data grouped by North American Industry Classification System (NAICS) of the 2022 structure V.1. Users have the option of selecting imports and exports by NAICS code, the country of origin and the country of destination. Data are monthly and on a customs basis.

Canada recorded a trade deficit of 5900 CAD Million in May of 2025. This dataset provides the latest reported value for - Canada Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Canada (XTNTVA01CAQ667S) from Q1 1957 to Q1 2025 about Canada, trade, Net, and goods.

This table contains 6 series, with data for years 1948 - 1993 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: United States ...), Seasonal adjustment (2 items: Unadjusted;Seasonally adjusted ...), Type of trade (3 items: Merchandise exports;Merchandise imports;Merchandise balance ...).

The statistic shows the trade balance of goods (exports minus imports of goods) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Canada amounted to about **** billion U.S. dollars. Trade with Canada Canada reported a trade surplus until 2009 when the country’s trade balance went negative for the first time in recent history. Its deficit was ignited at the height of the global recession, and the value of exports decreased significantly at that time. It is only now showing signs of a recovery. Meanwhile, while imports decreased during the recession as well, they bounced back faster than exports. Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around *** billion U.S. dollars worth of goods. Canada is hoping this will continue, and it is looking to lower tariffs on exports in order to further boost the economy and increase exports. Canada has a long and strong trading relationship with the United States - Canada’s southern neighbor is without a doubt its most important export and import partner. Overall, Canada maintains an export advantage over the United States; maintaining greater export flows than import flows. The U.S. dollar is also worth more than the Canadian dollar, favoring further exports from Canada. China and Mexico also import Canadian goods, but significantly less than the United States.

International merchandise trade data grouped by free trade agreement and by commodity. Users have the option of selecting imports or exports, as well as specifying either total values or any of the section, division or group values of the North American Product Classification System (NAPCS). Users also have the option of selecting any of the country groups with whom Canada has a free trade agreement or is currently negotiating or discussing the possibility of such an agreement. Data are on a customs basis and not seasonally adjusted.

Canada CA: BOP: Current Account: Trade in Services: % of GDP data was reported at 14.326 % in 2023. This records an increase from the previous number of 13.252 % for 2022. Canada CA: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 8.213 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 14.326 % in 2023 and a record low of 5.694 % in 1963. Canada CA: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Canada (CANXTEXVA01CXMLQ) from Q1 1957 to Q1 2025 about Canada, exports, and trade.

United States Imports: Services: Canada: Government Goods & Services n.i.e. data was reported at 254.000 USD mn in 2016. This records a decrease from the previous number of 293.000 USD mn for 2015. United States Imports: Services: Canada: Government Goods & Services n.i.e. data is updated yearly, averaging 293.000 USD mn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 485.000 USD mn in 2009 and a record low of 131.000 USD mn in 2003. United States Imports: Services: Canada: Government Goods & Services n.i.e. data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA022: Trade Statistics: Services: Canada.

This study extends the analysis of Kovak and Morrow (2022), who study the labor market effects of the FTA by comparing career trajectories for otherwise similar workers whose initial industries subsequently faced different tariff cuts under the FTA. Here, we focus on distributional impacts by examining how the effects of tariff cuts on employment and earnings differed for workers with different initial income levels. Our findings suggest that the effects of the FTA on earnings inequality were small, and the point estimates imply a slight reduction in earnings inequality among workers employed in manufacturing prior to the FTA’s enactment.